SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54
28 June
2024
Sirius Real
Estate Limited
("Sirius Real Estate", "Sirius" or the
"Company")
Result of Annual General
Meeting
Sirius Real Estate announces that at the Annual
General Meeting (the "Meeting") held today, Friday, 28 June 2024,
all resolutions were duly passed.
The result of the vote on each resolution is
shown below:
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Resolution proposed at the
Meeting
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Votes for resolution as a percentage
of total number of shares voted at the Meeting
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Votes against resolution as a
percentage of total number of shares voted at the
Meeting
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Number of shares voted at the
Meeting
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Number of shares voted at the
Meeting as a percentage of shares in issue*
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Number of shares
abstained/
withheld as a percentage of shares
in issue*
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Ordinary Resolutions
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1: To receive and approve Annual
Report and Accounts 2024.
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99.95%
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0.05%
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993,446,553
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73.61%
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0.28%
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2: To re-elect Chris Bowman as a
Director.
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99.96%
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0.04%
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994,323,123
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73.67%
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0.22%
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3: To re-elect Caroline Britton as a
Director.
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98.04%
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1.96%
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994,109,378
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73.66%
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0.23%
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4: To re-elect Mark Cherry as a
Director.
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98.74%
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1.26%
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994,323,123
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73.67%
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0.22%
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5: To re-elect Kelly Cleveland as a
Director.
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98.80%
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1.20%
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994,323,123
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73.67%
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0.22%
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6: To re-elect Andrew Coombs as a
Director.
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99.84%
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0.16%
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994,217,940
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73.67%
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0.23%
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7: To elect Deborah Davis as a
Director.
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99.99%
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0.01%
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994,323,123
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73.67%
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0.22%
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8: To re-elect Joanne Kenrick as a
Director.
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97.82%
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2.18%
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994,323,123
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73.67%
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0.22%
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9: To re-elect Daniel Kitchen as a
Director.
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98.48%
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1.52%
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994,323,123
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73.67%
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0.22%
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10: To re-appoint Ernst & Young
LLP as auditor.
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99.98%
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0.02%
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994,309,530
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73.67%
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0.22%
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11: To approve fixing the auditor's
remuneration.
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99.99%
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0.01%
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994,323,221
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73.67%
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0.22%
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12: To approve the
dividend.
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100.00%
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0.00%
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994,323,221
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73.67%
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0.22%
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13: To approve the Remuneration
Policy.
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84.23%
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15.77%
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994,287,707
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73.67%
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0.22%
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14: To approve the Implementation
Report on the Remuneration Policy.
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98.98%
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1.02%
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990,039,827
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73.36%
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5.36%
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15: To approve scrip dividend
scheme, for the financial year ending 31 March 2025.
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99.87%
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0.13%
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994,307,133
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73.67%
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0.22%
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16: To authorise the Directors
generally and unconditionally to allot equity
securities.
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78.51%
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21.49%
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994,304,133
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73.67%
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0.22%
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Special Resolutions
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17: To authorise the issue of up to
10% of issued share capital as if pre-emption rights did not
apply.
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95.48%
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4.52%
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994,304,133
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73.67%
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0.22%
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18: To authorise the issue of an
additional 10% of issued share capital as if pre-emption rights did
not apply for acquisitions/capital investments.
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92.90%
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7.10%
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994,314,886
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73.67%
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0.22%
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19: To approve the ESIP rules and
Trust Deed.
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100.00%
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0.00%
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994,234,468
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73.67%
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0.22%
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20: To authorise the Company or any
of its subsidiaries to make market purchases of ordinary shares of
the Company.
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99.59%
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0.41%
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993,258,531
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73.59%
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0.30%
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Note:
*The total number of shares in issue as at the
date of the Meeting was 1,349,623,348 of which zero were treasury
shares.
In accordance with provision 4 of Section 1 of
the UK Corporate Governance Code 2018
(the "UK Code"), the
Company notes the votes cast against Resolution 16 were greater
than 20% of those exercised in total by the Company's
shareholders.
The Board has been engaging with shareholders
in respect of Resolution 16 in the lead up to the Meeting and has a
good understanding of the concerns of some of Sirius' major
shareholders. It is, however, the intention to extend
the consultation process and report to shareholders in line with
the requirements of the UK Code.
The Company extends an invitation to
shareholders to engage with the Company. Should shareholders wish
to contact the Company with any concerns, they are requested to
send their concerns in writing to the Company Secretary at
cosec@sirius-real-estate.com, by not later than close of business
on Friday, 26 July 2024. Sirius will address those concerns in its
consultation process identified above.
In accordance with Listing Rule 9.6.2 of the
Financial Conduct Authority's Listing Rules, copies of the
resolutions passed as special business will be submitted to the
National Storage Mechanism and will shortly be available for
inspection.
The full text of the resolutions can be found
in the 'Investors' section of the Company website, under 'Results
& presentations & notices', and is available for inspection
here
https://www.sirius-real-estate.com/investors/results-presentations-notices/.
For further information:
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Sirius Real Estate
Andrew Coombs, CEO
Chris Bowman, CFO
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+44 (0) 20 3059
0855
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FTI
Consulting (Financial PR)
Richard Sunderland
James McEwan
Talia Shirion
SiriusRealEstate@fticonsulting.com
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+44 (0) 20 3727 1000
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JSE
Sponsor
PSG Capital
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